Accor, a world-leading hospitality group with over 400 hotels across India, Middle East, Africa and Turkey is growing its portfolio in Saudi Arabia partnering with Taiba Investments and opening the first Novotel brand in the Holy city of Madinah.
The property, scheduled to open in 2025, will include 394 keys, three food & beverage outlets as well as meeting rooms and retail space, Accor said.
Since the launch of the Vision 2030 for the Kingdom of Saudi Arabia in 2016, Accor has continuously been involved in the development of the hospitality landscape including, but not limited to, the introduction of unique development projects across the Kingdom, now adding a greenfield project with the first Novotel in Madinah.
The group is partnering with Taiba Investments, considered to be one of the largest real estate companies in Saudi Arabia, which provides various services such as real estate property investment, development and management.
‘We are delighted to be partnering with Accor to develop our new hotel in the Holy City of Madinah,” said Eng Saleh Habdan Al-Habdan, Chief Executive Officer of Taiba Investments Real Estate Company. “We are confident that this new property will benefit greatly the hospitality landscape of the city and Kingdom overall, offering travelers a new and convenient accommodation option.”
Novotel Madinah will be in close proximity to the Holy Mosque, and directly on King Faisal Road at its intersection with Amr Bin Al Aas Street, offering guests easy access to every main road of the city. Prince Mohammad Bin Abdulaziz Airport is only 23 minutes away from the hotel while Madinah train station is located 13 minutes from the property.
“This is a great opportunity to introduce the first Novotel property to the Holy City and increase further Novotel’s footprint in the Kingdom,” said Mark Willis, CEO of Accor India, Middle East, Africa & Turkey. “As a key player in the Saudi 2030 vision, we are proud to contribute to the country’s development on the hospitality and tourism front while expanding Accor’s presence as leading hospitality group in the region.”
Accor currently operate 34 properties (13,517 keys) in Saudi Arabia with another 25 properties (7,948 keys) in the pipeline. – TradeArabia News Service
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